NEW DELHI, May 17 Reuters Steel Authority of India is keenly watching Chinese imports after the United States raised tariffs on shipments from Beijing, its chairman Amarendu Prakash said on Friday. U.S. President Joe Biden earlier this week unveiled steep tariff increases on an array of Chinese imports, including steel, leading Indian mills to fear that shipments from the top […]

Reuters Netflix said on Wednesday its adsupported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign that its push to attract new users with the cheaper plan is paying off. The jump comes at a time when streaming companies are facing stiff competition and introducing bundles with their rivals to […]

MILAN, May 16 Reuters Shares in BT Group surged more than 17 at one point on Thursday after its new boss set out a path to more than double free cash flow over the next five years, cheering investors. The spike put the Londonlisted telecoms group on track for its biggest oneday gain ever. Traders cited possible short […]

BENGALURU, May 16 Reuters Vodafone Idea, India39;s thirdlargest telecom operator by subscribers, missed analysts39; estimates for quarterly revenue on Thursday, hurt by its shrinking user base. The company39;s consolidated revenue rose 0.7 to 106.07 billion Indian rupees 1.27 billion for the quarter ended March 31, compared with LSEG estimates of 107.15 billion rupees. Consolidated loss […]

May 16 Reuters Thames Water39;s nonexecutive director, Michael McNicholas, who represents Canadian pension fund OMERS on the board, is stepping down immediately, Britain39;s biggest water utility said on Thursday, as it struggles to secure an equity bailout. Sky News on Wednesday reported that some of the company39;s shareholders were expected to quit the board after […]